Maritime

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INTEREST, MARITIME. By maritime interest is understood the profit of money lent on bottomry or respondentia, which is allowed to be greater than simple interest because the capital of the lender is put in jeopardy. There is no limit by law as to the amount which may be charged for maritime interest. It is fixed generally by the agreement of the parties.
     2. The French writers employ a variety of terms in order to distinguish if according to the nature of the case. They call it interest, when it is stipulated to be paid by the month, or at other stated periods. It is a premium, when a gross sum is to be paid at the end of the voyage, and here the risk is the principal object they have in view. When the sum is a per centage on the money lent, they call it exchange, considering it in the light of money lent at one place to be returned in another, with a difference in amount between the sum borrowed and that which is paid, arising from the difference of time and place. When they intend to combine these various shades into one general denomination, they make use of the term maritime profit, to convey their meaning. Hall on Mar. Loans, 56, n.

MARITIME. That which belongs to or is connected with the sea.

References in periodicals archive ?
Amer Ali, the executive director of DMCA said this after he signed the deal with Stefan Beueros, the general manager of Maritimes Cluster Norddeutschland; and Keith Stein, Director General of Vancouver International Maritime Cluster on the sidelines of the Dubai Maritime Agenda 2017 event.
These alliances support efforts of Dubai and the entire UAE to position itself as attractive destinations for regional and global shipowners, port operators and maritime investors, remarked Amer Ali, the executive director of DMCA after signing the deal with Stefan Beueros, the general manager of Maritimes Cluster Norddeutschland; and Keith Stein, Director General of Vancouver International Maritime Cluster on the sidelines of the Dubai Maritime Agenda 2017 event.
Maine & Maritimes Corporation is a holding company for Maine Public Service Company (MPS), a regulated electric transmission and distribution utility serving much of northern Maine, and unregulated businesses, including The Maricor Group (TMG), Maricor Properties Ltd (MPL), and Maricor Technologies Inc.
9% interest in the Maritimes & Northeast Pipeline, which delivers Sable natural gas to markets in Maritime Canada and the northeastern United States; Emera Energy Services, which manages energy assets on behalf of third parties and provides related services; and Emera Fuels, which distributes home heating oil and related products to customers in the Maritime provinces.
Nick Bayne, President and CEO of Maine & Maritimes Corporation, "After months of evaluating numerous potential projects for our first real estate redevelopment project, we're excited to have found what we believe to be an excellent beginning project to reflect the values we bring to the market.
Maine & Maritimes Corporation ("MAM") is the parent company of Maine Public Service Company ("MPS"), an independent transmission and distribution utility and MPS's wholly owned, inactive Canadian subsidiary the Maine & New Brunswick Electrical Power Company.
Maine & Maritimes Corporation recently announced the formation of two new subsidiaries, Maine & Maritimes Energy Services Company and its Canadian subsidiary Maricor Ltd.
We are pleased to announce the creation of Maine & Maritimes Energy Services Company, a wholly-owned, U.
For the five-year period ending September 30, 2003, Maine & Maritimes Corporation achieved the best performance in the EEI Index small-cap category with a return of 226.
Carnival Cruise Lines is the largest and most popular cruise line in the world with 14 "Fun Ships" operating voyages of three to 16 days in length to the Bahamas, Caribbean, Mexican Riviera, Alaska, Hawaii, the Panama Canal and Canadian Maritimes.
13, 2000--Standard & Poor's today affirmed its single-'A' rating on Maritimes & Northeast Pipeline LLC's $240 million bonds, due 2019, and Maritimes & Northeast Pipeline LP's C$260 million notes, due 2019.
June 14, 1999-- Standard & Poor's will hold two telephone conference calls on Tuesday, June 15, 1999, to discuss the Maritimes & Northeast Pipeline LLC and Maritimes & Northeast Pipeline LP project finance transactions, with Global Project and Infrastructure Finance analysts Art Simonson and Valeri Marfitsin.